Noida: National Fertilizers Limited (NFL), a Miniratna Public Sector Undertaking under the Ministry of Chemicals and Fertilizers, held its 51st Annual General Meeting (AGM) on September 29, 2025. The meeting was conducted through video conferencing and other audio-visual means, in line with the regulatory guidelines issued by the Ministry of Corporate Affairs (MCA) and the Securities and Exchange Board of India (SEBI).
AGM Proceedings and Leadership Address
The meeting was chaired by Dr. U. Saravanan, Chairman and Managing Director (C&MD) of NFL, who declared the meeting open after confirming the presence of the requisite quorum as mandated by the Companies Act, 2013. Dr. Saravanan addressed the shareholders and responded to their questions during the proceedings.
In his remarks, the CMD emphasized the company’s resilience, performance, and long-term vision, and highlighted its commitment to supporting India’s agricultural sector through reliable supply of quality fertilizers.
Dividend Announcement
As a key decision at the AGM, shareholders approved a dividend of ₹1.56 per equity share for the financial year ended March 31, 2025. This marks a significant increase from the previous year and reflects the company’s ongoing efforts to enhance shareholder value despite sectoral and operational challenges.
The dividend will be credited to eligible shareholders in accordance with the statutory timelines, with the record date set as September 22, 2025, and distribution expected by October 28, 2025.
Future Plans and Strategic Initiatives
During the meeting, Dr. Saravanan also elaborated on new initiatives and the strategic growth roadmap of the company. He shared insights into:
- Upcoming capacity expansions and modernization of production facilities
- Focus on green and sustainable manufacturing practices
- Plans to diversify product offerings to include value-added agro-inputs
- Emphasis on digital transformation across operations and supply chain
- Enhanced engagement with the farming community through extension services and agronomic support
He reiterated the company’s dedication to playing a pivotal role in ensuring food security and contributing to the nation’s goal of becoming self-reliant in fertilizer production.
Commitment to Stakeholders
The company reaffirmed its focus on financial discipline, operational efficiency, and stakeholder trust. Dr. Saravanan thanked shareholders for their continued support and confidence in the company’s management and future direction.
About NFL
Established in 1974, National Fertilizers Limited is one of India’s largest producers of urea and a key contributor to the nation’s fertilizer supply. The company operates multiple manufacturing units and maintains a strong presence across the country through its vast marketing network.
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